The Immigrant Exodus

The Immigrant Exodus

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A 2012 ECONOMIST BOOK OF THE YEAR Many of the United Statesa€™ most innovative entrepreneurs have been immigrants, from Andrew Carnegie, Alexander Graham Bell, and Charles Pfizer to Sergey Brin, Vinod Khosla, and Elon Musk. Nearly half of Fortune 500 companies and one-quarter of all new small businesses were founded by immigrants, generating trillions of dollars annually, employing millions of workers, and helping establish the United States as the most entrepreneurial, technologically advanced society on earth. Now, Vivek Wadhwa, an immigrant tech entrepreneur turned academic with appointments at Duke, Stanford, Emory, and Singularity Universities, draws on his new Kauffman Foundation research to show that the United States is in the midst of an unprecedented halt in high-growth, immigrant-founded start-ups. He argues that increased competition from countries like China and India and US immigration policies are leaving some of the most educated and talented entrepreneurial immigrants with no choice but to take their innovation elsewhere. The consequences to our economy are dire; our multi-trillion dollar loss will be the gain of our global competitors. With his signature fearlessness and clarity, Wadhwa offers a concise framework for understanding the Immigrant Exodus and offers a recipe for reversal and rapid recovery.4: H1B. Visas. and. Immigration. Limbo. Hardik Desai came to the United States in 2007 to get an MBA from the Fisher ... painful bladder syndrome and irritable bowel syndromea€”that currently do not have a singlestep diagnostic method. ... That said, many H1B holders enter the process with the specific intent of obtaining a green card for permanent residency as soon ... Once H1Bs have started the process of filing for a green card, they cannotchangeemployers oreven take anewanbsp;...

Title:The Immigrant Exodus
Author:Vivek Wadhwa
Publisher:Wharton Digital Press - 2012-10-02


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